VMG 0.00% 0.1¢ vdm group limited

re: Ann: VDM Group considers potential sale o... What are they...

  1. 539 Posts.
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    re: Ann: VDM Group considers potential sale o... What are they doing now.
    - Heddon heads up Cape as MD and does a good job.
    - Cape is one of the best parts of VDM
    - Our last big announcement of new work is from CAPE!

    "VDM’s Perth-based subsidiary, Cape Crushing and Earthmoving Contractors Pty Ltd, has been awarded a five-year, $40 million ore handling, crushing and sampling contract by BHP Billiton Nickel West at the Kambalda Nickel Concentrator."

    Now the plan is to sell off the best and profitable parts of the business? Keep the dregs?

    After a couple of years of poor decisions, let's hope this isn't another.
    The risk is the dodos' sell off the golden goose.
    Mav
 
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